Enrique Lores proved to be a deeply flawed leader in my view, prioritizing Latin American executives and DEI-driven hires over proven merit and technical expertise.
The multiple restructurings under his watch stripped the company of critical talent and institutional knowledge, leaving HP severely weakened.
With his departure, it's a genuinely positive day for HP—hopefully it's not too late for the company to recover, rebuild its core strengths, and return to prioritizing performance and innovation
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“Enrique Lores proved to be a deeply flawed leader”
Calling him a leader is pretty generous.
of course dei brought down the value of every aspect of life. Accountability no longer mattered. How else could it end.
@be I was waiting on the Ernest hater/ lover to chime in. Glad you're still around bud.
Maybe the new CEO will rescind that awful 3-day onsite mandate. Everyone here is complaining about it. None of us (12 people) meet with people in our team. We all deal with people in other divisions or located overseas. A long commute in bad weather has to stop.
Can't automate yourself to massive profits or reduce head count for results..
Better pull back on this stupidity before there isn't much company left and just VPs and managers fighting for their jobs ohh wait we are already there lol.
True but that doesn’t necessarily mean the board and investors had to vote for him to be CEO. They chose someone who was leading a company with a marginally better situation than PayPal and a company that has had 20% profit margins in the few years.
It’s adding fuel to the fire. They only chose him because of the company’s name.
The transition between Enrique to Bruce all hands call had numerous prople smashing the laugh emoji throughout the call hilarious.
Hope the rest of C-suite follows him. Nobody I know of is happy with their C-Suite leadership.
@ch time to pull out my PayPal stocks.
"On February 3, 2026, PayPal (PYPL) shares plunged over 15%–20% following a weak 2026 profit outlook, Q4 earnings misses, and the surprise announcement that HP Inc. CEO Enrique Lores will replace Alex Chriss as CEO.On February 3, 2026, PayPal (PYPL) shares plunged over 15%–20% following a weak 2026 profit outlook, Q4 earnings misses, and the surprise announcement that HP Inc. CEO Enrique Lores will replace Alex Chriss as CEO."
Not a whole lot of confidence in Enrique's leadership.
@c0 he was already on the board he was installed.
What was PayPal thinking to hire him?
Can he take Ernest with him too
Useless Mr Magoo fker
Worse off if it is EN, he is a huge force behind DEI hires.
@b1 who the he-l uses PayPal still Nigerian scammers lol?
Investors aren’t happy. HPQ is down nearly 4.75%. I guess they either fear a potential next CEO, trying to get their realized losses early for this year for filing taxes next year, and/or fear that they may not be getting their generous dividends and would rather for the company remain their razor thin profit margins.
This is a good move for HP. I don’t think Enrique is bad person but his leadership has brought this company into the dirt. Employee morale, according to the internal surveys that make us do, has been very sporadic. I think the investors are tired of seeing these tiny margins mentioned above with a company that has at least a $8 Billion in debt. Time to get a CEO who places the CFO at a higher expectation.
Enjoy your golden parachute to PayPal, Enrique. Not sure why they are poaching you. They’re not doing so hot either.
Now they can fill the CEO role that has been empty for that past few years.
Ok…
@a1 that is illegal in some places....
Ya but any guesses on who will be perm ceo
His public announcement says that the board is still looking. Bruce is interim.
Picks on new CEO?
Layoffs at HP are so bad that not even the CEO is safe. Good luck to any mo--n still working there.
@OP yup they are just firing people creating a similar role for less money greedy company.